Suppose the equilibrium price and quantity is established
Suppose the equilibrium price and quantity is established and that that tax is imposed which shifts the supply curve but also changes its slope. Explain how this effects consumers and producers. does slope become flatter or steeper?
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suppose the equilibrium price and quantity is established and that that tax is imposed which shifts the supply curve
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the principle marginal revenue equal-marginal-cost rule for maximizing profit applies to new firms but not to existing
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jenny is starting a bakery and needs some help with pricing the muffins since she knows you have studied pricing please
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